Developer Rick Caruso and his company are soliciting the Arcadia community's thoughts on his $400 million mall project slated for the parking lot of Santa Anita Park. A "scoping session" designed to solicit public views on what should be included in the environmental review will take place at City Council chambers at 7pm on April 7, 2005.
Residents voice concerns over the Santa Anita Park race track parking lot development of an outdoor mall to include retail, commercial and apartment space. Residents worry about how the quality of life in Arcadia will be affected. A draft of the environmental report should be ready by late June.
A full page color advertisement solicits Arcadia residents' reviews on the new mall to be built by Caruso Affiliated on the Santa Anita Park race track parking lot. The mall will be called The Shops at Santa Anita.
Westfield Group has vowed not to donate to City Council campaigns in the April 2006 election, joining mall rival Rick Caruso and Caruso Affiliated, who made a similar pledge in September.
A judge has disqualified the Los Angeles law firm Latham and Watkins from representing mall owner Westfield Group in its ongoing battle with developer Rick Caruso because Latham and Watkins had represented the Los Angeles Turf Club on an earlier development project in 1999-2000.
Two new issues brought up by Westfield Group against the Caruso project may go to Arcadia voters in a special election in November. One issue is to ban paid parking and the other is to prevent Caruso from erecting large billboards at the mall. Any election could cost the city up to $80,000.
Developer Rick Caruso of Caruso Affiliated is no longer pursuing a deal with Santa Anita Park owners MI Developments to develop an outdoor mall in the race track's parking lot. The project was known as The Shops at Santa Anita. Caruso said, "We're not pursuing it, because of the (Magna Entertainment Corp.) bankruptcy...and everything else." Arcadia city councilman Mickey Segal said it's a loss of "a projected $2.5 million to $3 million of revenue (each year) to the city" in sales and property tax.